Kathmandu : Nepal can achieve growth rates of at least 7 to 8 percent that is imperative to become a middle income country by 2030 only if it shifts its remittance-led and consumption-based growth to one that is investment and productivity driven, according to the World Bank Group. Releasing the Nepal Development Update (NDU), a […]
Port Moresby, Papua New Guinea – In a major boost to climate resilience, the Green Climate Fund (GCF) has approved a $36.1 million grant to help Nepal tackle the rising threat of glacial lake outburst floods (GLOFs) — one of the most pressing climate risks in the Himalayas. The seven-year initiative, led by Nepal’s Department of […]
London — Nepali officials have called upon British investors to invest in the Himalayan nation’s Information Technology (IT) and energy sector, among others. Addressing the Nepal-UK Tech Forum hosted by the Embassy of Nepal, London, on Friday, Ambassador of Nepal to the UK, Chandra Kumar Ghimire, highlighted the country’s recent economic and policy transformations. “Nepal […]
Kathmandu — Air pollution reduces life expectancy by 3.4 years for the average Nepali and causes approximately 26,000 premature deaths annually, a World Bank study has shown. In addition to health, air pollution impacts labor productivity, tourism, and the aviation sector. The economic cost of poor air quality is equivalent to more than 6 percent of […]
Kathmandu- The government of Nepal has announced that it will waive visa fees for international students. Presenting budget estimates for the fiscal year 2025-26 in the federal parliament on 30 May, Finance Minister Bishnu Paudel also announced the provision of multiple-entry visas for parents of foreign students to visit Nepal. The government’s announcement has come […]
London, March 15 – Nepal’s Minister of Forests and Environment, Ain Bahadur Shahi, has highlighted Nepal’s increasing vulnerability due to climate change, urging continued financial support from the UK government. Speaking at an interactive event hosted by the Nepalese Embassy in London on Friday evening, Minister Shahi emphasized that global climate challenges are significantly impacting Nepal. […]
RSS– Minister of State for Foreign Affairs of the United Arab Emirates (UAE), Ahmed Ali Al Sayegh, paid a courtesy call on Nepal’s Foreign Minister, Dr. Arzu Rana Deuba, in Muscat, Oman, today. The meeting took place on the sidelines of the 8th Indian Ocean Conference. The two leaders discussed various aspects of Nepal-UAE relations, […]
London – Dr Kapil Rijal has been re-elected as President of the Britain Nepal Chamber of Commerce (BNCC). The Annual General Meeting (AGM) of th BNCC, held on 17th January, re-elected Dr. Rijal as the Chair of the organisation. Dr. Rijal is a successful entrepreneur, film director and producer. Promoting bilateral trade and investment in Nepal […]
Kathmandu – Climate Activists from various organisations and constituencies in Nepal demonstrated at Maitighar Mandala, demanding a fossil-fuel free future, on Friday – the first day of the Global Day of Action for Climate Finance and a Fossil-Fuel Free Future. This, mostly a solidarity action, is part of a bigger picture globally and in Asia, […]
Kathmandu, Aug 27: Nepal and Oman have reached an understanding to sign a labor agreement aimed at increasing the number of Nepali workers employed in Oman. The agreement was discussed today during a bilateral meeting between Nepal’s Foreign Minister, Dr. Arzu Rana Deuba, and Oman’s visiting Foreign Minister, Sayyid Badr bin Hamad bin Hamood Albusaidi. […]
London, May 20, 2024 – A special ceremony was held today at the British Prime Minister’s Office, 10 Downing Street, marking the centenary of the Treaty of Friendship between Nepal and the United Kingdom, signed in 1923. British Prime Minister Rishi Sunak praised the enduring contributions of the British Gurkhas to the strong bilateral ties […]
Kathmandu – In a landmark event strengthening diplomatic ties between Nepal and Qatar, the Emir of the State of Qatar, Sheikh Tamim bin Hamad Al Thani, has embarked on a two-day state visit to Nepal, responding to the cordial invitation extended by President Ram Chandra Paudel. The visit commenced with the Qatari Emir’s arrival in […]
Kathmandu, April 3rd: Nepal’s economic landscape for Fiscal Year 2024 remains characterized by a delicate balance between inflationary pressures and growth prospects, according to the latest Nepal Development Update unveiled by the World Bank on Tuesday. Inflation and Growth Projections: The report forecasts consumer price inflation to remain high at 6.7 percent in FY24, close […]
Kathmandu — In a significant upheaval within the global tea market, Chinese tea buyers are wielding influence over the trade dynamics between Nepal and India, leading to repercussions for the renowned Darjeeling tea industry. The conflict arises from the infiltration of counterfeit Darjeeling tea into the market, facilitated by the influx of cheaper Nepalese tea. […]
Kathmandu – A delegation of high-level investors from the United Kingdom is gearing up to participate in an upcoming investment conference scheduled to be held in Kathmandu in May. This significant development was conveyed by British Ambassador to Nepal, Rob Fenn, during a meeting with Finance Minister Barshman Pun “Ananta” on Thursday. Ambassador Fenn commended […]
Jagan Karki, London– The Nepal Embassy in London organized a two-day interactive session on February 24 and 25, bringing together Nepali professionals residing in the UK and senior officials, academics and private sector leaders from Nepal. The hybrid event aimed to foster collaboration, discuss opportunities for investment, and address various challenges faced by the Nepali […]
